The purpose of this review is to identify outdated, unnecessary, or unduly burdensome regulations and consider how to reduce regulatory burden on insured depository institutions while, at the same time, ensuring their safety and soundness and the safety and soundness of the financial system.

The second EGRPRA review is underway, and we invite you to participate. This review provides an opportunity for the public to consider and comment on these regulations, individually and as a whole. The final report from the first EGRPRA review was submitted to the Congress in 2007.